Property Overview
This one-storey home at 63 Briar Cliff Bay in Fort Richmond is defined by its generous, above-average lot and solid positioning within its neighborhood. Built in 1969, the 1,380 sqft house features a renovated basement and an attached garage. Its primary appeal lies in the substantial 10,172 sqft property, which ranks within the top 4% of lot sizes on its street and the top 9% within Fort Richmond. This offers rare potential for expansion, gardening, or outdoor living in a mature area. While the living space is average for the area, the home’s assessed value is strong for the immediate street, suggesting it is well-regarded relative to its direct peers.
The property would suit a buyer looking for a long-term family home with room to grow on the lot, or someone who values outdoor space and privacy in a well-established community. It’s also a practical fit for those seeking single-level living with the finished flexibility of a renovated basement. A thoughtful perspective is that this home represents a balance: you’re acquiring a land asset with elite size, paired with a house that is comfortable and updated, but not oversized—a canvas for future personalization rather than a move-in-perfect showcase.
Frequently Asked Questions
What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size of over 10,000 sqft is larger than 96% of the 46 comparable homes on Briar Cliff Bay. City-wide, it's larger than 94% of similar properties, making the lot a truly standout feature.
Is the 1969 build date a concern?
The year built is actually above average for the street (top 11%), meaning it's newer than many neighbors' homes. While systems and structure should still be inspected, its age is typical for the mature, established Fort Richmond area.
The assessed value seems high for the street but average for the area. Why?
The assessment is in the top 15% on its own street, indicating it's valued higher than most direct neighbors, likely due to the large lot and renovations. When compared to all of Fort Richmond, it falls into an average range, which may reflect the area's overall desirability and similar home values.
How does the living area compare to newer subdivisions?
At 1,380 sqft, it's slightly below the current city-wide average for comparable homes. This is common for bungalows of this era. The renovated basement effectively adds usable space, but the main-floor square footage is characteristic of efficient, mid-century design.
What is the likely reason for the significant difference between the 2016 sold price and the current assessed value?
The sold price range from 2016 reflects the market value at that time. The current assessed value is for taxation purposes and has been updated to reflect market changes, improvements like the basement renovation, and the enduring premium for a very large lot in a mature neighborhood.